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Songa returns to profit in 2Q

Offshore driller Songa Offshore, soon to be acquired by rival driller Transocean, returned to profit in the second ...

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More red ink for Siem Offshore

Norway-based offshore and subsea shipping company Siem Offshore sank deeper into the red over the second quarter ...

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Prosafe sees red ink

Prosafe, an Oslo-listed owner of accommodation rigs also known as flotels, sank to a loss during the second quarter ...

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SeaBird in urgent need of capital

Norwegian marine seismic data provider SeaBird Exploration sank from a profit to a loss during the second quarter ...

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Maersk Supply Service narrows net loss despite lower revenue

Danish offshore shipowner Maersk Supply Service (MSS) narrowed its net loss in the second quarter of 2017, despite ...

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Maersk Drilling profit slips on ten idle rigs

Danish offshore driller Maersk Drilling saw a significant decrease in profit and revenues during the second quarter ...

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Higher oil price, lower costs lift Maersk Oil profit

Danish oil company Maersk Oil increased its profit and revenues for the second quarter of 2017 helped by higher oil ...

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Deep Down returns to profit in 2Q

U.S. oilfield services company Deep Down posted a profit for the second quarter of 2017 compared to a loss in the ...

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Spectrum cuts losses in 2Q

Spectrum, a Norwegian provider of seismic data and seismic imaging services to the oil and gas industry, recorded a ...

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Erin Energy posts bigger loss over O&G impairments

U.S. oil and gas company Erin Energy, formerly known as Camac Energy, deepened its net loss for the 2Q 2017 mainly ...

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Kosmos shaves off $50 million of its capital budget

U.S. oil company Kosmos Energy tightened its net loss and tripled oil revenues during the second quarter 2017. The ...

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Polarcus hit with more red ink

Seismic services player Polarcus posted a bigger loss for the second quarter 2017 period compared to a year ago ...

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Noble Corp. swings to loss as revenues tumble

Offshore driller Noble Corporation fell to a loss for the second quarter of the year dragged down by a significant ...

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NAO sees improvement in PSV market

Offshore vessel owner Nordic American Offshore (NAO) has seen an improvement in the platform supply vessel (PSV) ...

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TGS optimistic about long-term. Profit falls, backlog up

Persistent oil price instability and further decline in oil firm’s exploration budgets are causing uncertainty for ...

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Jack-up rigs lift Vantage Drilling revenues

U.S. offshore driller Vantage Drilling saw an increase in revenues in the second quarter of the year lifted by ...

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Marathon Oil narrows loss, cuts capex

U.S. oil and gas company Marathon Oil tightened its net loss for the second quarter and reduced capex for the ...

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Transocean posts $1.7B loss on jack-up fleet impairment

Offshore driller Transocean posted a net loss of $1,69 billion for the second quarter of 2017, compared to a net ...

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Rowan sinks to loss

U.S. offshore driller Rowan Companies sank to a loss during this year’s second quarter with its revenues ...

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Lundin returns to profit

Swedish oil company Lundin Petroleum went from red to black ink for the second quarter 2017 after more than ...

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BP profitable in 2Q. Output rises

BP returned to profit in the second quarter of 2017, earning $144 million in the period, compared to a loss of ...

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